What's new

OECD GDP growth slows marginally to 0.5% in the fourth quarter of 2014

19/02/2015 - According to provisional estimates, growth of quarterly gross domestic product (GDP) in the OECD area slowed marginally to 0.5% in the fourth quarter of 2014, down from 0.6% in the third quarter.

Amongst the Major Seven economies, GDP growth slowed most in the United States, easing to 0.7% compared with rates of 1.2% and 1.1% in the two previous quarters. Growth also slowed in the United Kingdom to 0.5%, compared with 0.7% in the previous quarter.